The Fed is standing pat while it sees where the economy is going in the next few months. Powell's term ends next year.

Policy makers signalled borrowing costs are still likely to fall this year, but slowed the overall pace of expected future ...

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The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...

Officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...

Federal Reserve Chair Jerome Powell explains the reasoning behind the central bank's decision to maintain current interest ...

The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

The US Federal Reserve has decided to keep interest rates unchanged for the fourth consecutive time, holding borrowing costs ...

Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut ...